Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 24 Years for Portugal
Quarterly, Seasonally Adjusted
LFIN24TTPTQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
711,378.80
Year-over-Year Change
-6.48%
Date Range
1/1/1998 - 1/1/2025
Summary
This series measures quarterly, seasonally adjusted total payroll employment in the finance and insurance sector of the U.S. economy. It provides valuable insight into the health and trends of a critical industry.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Quarterly, Seasonally Adjusted finance and insurance sector payroll employment trend tracks the total number of workers employed in this sector on a quarterly basis, with seasonal factors removed. This metric is widely used by economists and policymakers to assess the economic performance and labor market conditions in the finance and insurance industry.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by financial market analysts, central bankers, and policymakers to gauge the strength of the finance and insurance industry and its broader macroeconomic implications.
Key Facts
- The finance and insurance sector accounts for over 6 million U.S. jobs.
- Payroll employment in this sector declined sharply during the 2008-2009 financial crisis.
- The sector has seen steady job growth in the post-recession period.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the finance and insurance sector of the U.S. economy on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health and performance of a critical industry, which has broad implications for the overall economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and central bankers monitor this trend to assess the strength of the finance and insurance industry and its broader macroeconomic impact.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a typical release lag of approximately one month.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFIN24TTPTQ647S), retrieved from FRED.